Forbes -
27 Jul 2014 14:19

Picking tops or bottoms is generally quite difficult as one often does not have clear technical divergences that can give them enough conviction and discipline to take a position. Oftentimes traders will convince themselves that a market can?t go any higher or lower and keep fighting the trend as they are repeatedly stopped out. Successful trading or investing is dependent on trying to put the odds in your favor and then having a clear exit strategy for when you are wrong. The S&P 500 had severa...
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